T-Mobile US Inc (TMUS) was Reiterated by Jefferies to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 55 from a previous price target of $45 . Jefferies advised their investors in a research report released on Jul 21, 2016.
Many Wall Street Analysts have commented on T-Mobile US Inc. Company shares were Reiterated by Deutsche Bank on Jul 19, 2016 to “Buy”, Firm has raised the Price Target to $ 52 from a previous price target of $46 .T-Mobile US Inc was Downgraded by Nomura to ” Neutral” on Jun 24, 2016. Company shares were Reiterated by RBC Capital Mkts on Apr 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 47 from a previous price target of $44 .
On the company’s financial health, T-Mobile US Inc reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.46 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.10. The company had revenue of $8600.00 million for the quarter, compared to analysts expectations of $8459.27 million. The company’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.09 EPS.
T-Mobile US Inc opened for trading at $44.29 and hit $44.56 on the upside on Wednesday, eventually ending the session at $44.54, with a gain of 0.36% or 0.16 points. The heightened volatility saw the trading volume jump to 16,47,663 shares. Company has a market cap of $36,620 M.
In a different news, on Jul 19, 2016, J Braxton Ii Carter (EVP & CFO) sold 8,550 shares at $44.75 per share price. According to the SEC, on Jul 13, 2016, David A Miller (EVP, General Counsel & Sec.) sold 10,000 shares at $44.00 per share price. On Jun 10, 2016, Neville R Ray (EVP & Chief Technology Officer) sold 6,945 shares at $44.00 per share price, according to the Form-4 filing with the securities and exchange commission.